Holding(s) in Company

Avingtrans PLC
07 March 2007



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Avingtrans PLC


2. Reason for the notification (please state Yes/No): ( )


An acquisition or disposal of voting rights: (NO)


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (NO)


An event changing the breakdown of voting rights: (NO)


Other (please specify) : (YES) Initial Notification of major interest as per
Transparency Directive - DTR 5.1.2


3. Full name of person(s) subject to the notification obligation (iii):

Bluehone Investors LLP


4. Full name of shareholder(s) (if different from 3.) (iv):

See box 9


5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

N/A


6. Date on which issuer notified:

07/03/2007


7. Threshold(s) that is/are crossed or reached:

12%


8. Notified details:

N/A



A: Voting rights attached to shares

Class/type of shares if possible        Situation previous to the
using the ISIN CODE                    Triggering transaction (vi)
                                   Number of    Number of voting
                                   shares       Rights (viii)

                                   2,101,000    2,101,000



Resulting situation after the triggering transaction (vii)

Class/type of shares Number of shares  Number of voting rights    % of voting rights
if possible using                      (ix)
the ISIN CODE
                     Direct            Direct (x) Indirect (xi)   Direct    Indirect

                     2,101,000                    2,101,000                 12.03%


B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of     Expiration Date  Exercise/Conversion Number of voting     % of voting
financial   (xiii)           Period/ Date (xiv)  rights that may be   rights
instrument                                       acquired if the
                                                 instrument is
                                                 exercised/
                                                 converted.

                             N/A



Total (A+B)
Number of voting       % of voting
rights                 rights

2,101,000              12.03%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):


Bluehone Investors LLP:
Client          No. of voting       % of total voting      Registered name
                rights              rights


AIM VCT2 plc    667,000             3.82                   Chase Nominees Limited

Active Capital  1,267,000           7.26                   Chase Nominees Limited
Trust plc



Proxy Voting:


10. Name of the proxy holder:

Bluehone Investors LLP


11. Number of voting rights proxy holder will cease to hold:

N/A


12. Date on which proxy holder will cease to hold voting rights:

N/A


13. Additional information:


14. Contact name:

Mike Bassi, F&C Asset Management plc, Administrators and Company Secretaries to
Bluehone Investors LLP


15. Contact telephone number:

0131 718 1093




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